Discover an exceptional investment opportunity with this expansive +/- 24-acre property located in the highly desirable Oak Hill area, just off Highway 71. Perfectly situated for residential or commercial development, this versatile parcel offers a wealth of potential for developers, investors or "off grid-ers," alike. This prime, *unrestricted* land is currently zoned for commercial use but can be rezoned for residential development. Five acres of the property are integrated into the Covered Bridge development, with access via Roaring Springs Drive, making it ideal for residential expansion. The property includes three houses, a garage, and ample raw land. Utilities on-site include electricity, septic systems, and five wells providing substantial water resources (approximately 880 million cubic feet of water estimated to be underneath). Water rights are included in the sale. The main home is currently being used as a primary residence. It is approximately 3500sf and has 5 beds, 2 1/2 baths as well as off grid capabilities through the solar field, septic system and wells. Approximately 19 acres were previously in a floodplain. However, extensive work has been done, including the addition of fill dirt and a levy to mitigate future flood risks. The area is in the process of being graded to finalize this improvement. The property offers direct access from Roaring Springs Drive, Highway 71 and Mowinkle Drive. There is also a small wet weather creek within the greenbelt on the East side of the property that would add a natural decorative element to a residential development. This property is an unparalleled opportunity for anyone looking to capitalize on the growing demand in the South West Austin area.
Property Details
Property Features
Property Information:
Stories: 1
Listing Office:
Office Name: Levi Rodgers Real Estate Group
Office Phone: (210) 331-7000
Listing Agent: Erin Stephens
Interior Features
Interior Information:
Appliances: Down Draft, Dryer, Dishwasher, Oven, Range, Refrigerator
Flooring Type: Carpet, Tile
Interior: Ceiling Fan(s), Main Level Primary
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
View: Park, Hills, Trees/Woods
Exterior: Lighting
Parking Information:
Parking: Covered, Detached, Gravel, Private
Lot Features
Lot Information:
Lot: Near Park, Native Plants, Split Possible
Lot Size: 24.91 Acres
Other
Directions Information:
Directions: This is the address to Amli Covered Bridge: 8715 State Hwy 71, Austin, TX 78735. Put this in GPS. Go to the back right side of the community. You will see a gravel road and the beginning of the property is down the road behind a gate.
Price Information
Listing Price Info
Price Summary:
List Price: $4,850,000
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Housing Market Comparison
See how this home compares to others in Austin, TX.
This property is $4.2M more than the Median Sold Price in Austin, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ACTRIS
MLS Number: #9660149
Listing Office:
Office Name: Levi Rodgers Real Estate Group
Office Phone: (210) 331-7000
Listing Agent: Erin Stephens
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Lake Pointe Elementary School
11801 Sonoma Dr
Distance between this listing and this school1.03 miles
Public District Grades PK-5
8
/10
Bee Cave Elementary School
14300 Hamilton Pool Rd
Distance between this listing and this school1.86 miles
Public District Grades PK-5
10
/10
River Ridge Elementary School
12900 Tierra Grande Trl
Distance between this listing and this school3.08 miles
Public District Grades KG-5
Nearby Schools
9
/10
West Ridge Middle School
9201 Scenic Bluff Dr
Distance between this listing and this school3.20 miles
Public District Grades 6-8
8
/10
Bee Cave Middle School
5400 Vail Dv
Distance between this listing and this school3.64 miles
Public District Grades 6-8
8
/10
Canyon Ridge Middle School
12601 Country Trails Ln
Distance between this listing and this school4.58 miles
Public District Grades 6-8
Nearby Schools
6
/10
Lake Travis High School
3324 Ranch Road 620 S
Distance between this listing and this school2.33 miles
Public District Grades 9-12
8
/10
Westlake High School
4100 Westbank Dr
Distance between this listing and this school7.62 miles
Public District Grades 9-12
7
/10
Vandegrift High School
9500 McNeil Dr
Distance between this listing and this school9.28 miles
The neighbors living near this home have an average income of $112,757. Residents of Austin, TX typically earn between $35k-100k each year. Most families are married, with kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Austin, TX
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What are the common housing types in Austin, TX?
Austin's housing market is diverse, with a mix of single-family homes, apartments, and townhouses. The architectural styles vary, with modern and traditional designs being particularly prevalent. Single-family homes are the most common, while the market also offers a range of multi-family dwellings suitable for different lifestyles. The homeownership rate in Austin is robust, reflecting a community invested in property ownership and stability.
What are the advantages of living in Austin, TX?
Austin prides itself on its vibrant music scene and is celebrated for hosting world-renowned events like the Austin City Limits Music Festival. The city's character is a blend of urban energy and laid-back charm, with an emphasis on creativity and innovation. Community engagement is high, with numerous local events and festivals that showcase the city's cultural diversity and artistic flair.
Are essential services in Austin, TX convenient?
The city is served by a comprehensive educational system, including numerous public and private schools, catering to a range of educational needs and preferences. Austin's healthcare network is extensive, with several major hospitals and clinics providing a full spectrum of services from primary care to specialized treatments. The public library system is well-developed, and the city is home to a variety of retail and dining options that reflect the unique local culture. City initiatives are continually in place to adapt services to the evolving needs of Austin's diverse population.
How do Austin, TX residents get around?
Austin's transportation infrastructure includes a network of highways and roads that facilitate travel and commuting. Public transit options are available, with buses and a metro rail system connecting various parts of the city. Ride-sharing services are widely used and readily available. The city is also making strides in improving walkability and bikeability, with certain neighborhoods being particularly pedestrian-friendly. Public transportation schedules vary, with some routes offering frequent service during peak hours to accommodate commuters.
Frequently Asked Questions About 8737 W Hwy 71
What is the listing price of this property?
The listing price of 8737 W Hwy 71 property is $4,850,000.
What type of property is this?
The property 8737 W Hwy 71 is a house located in Austin, Texas, 78736.
Is this property for sale now?
Active Listing: 8737 W Hwy 71 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 8737 W Hwy 71 has 5 bedrooms and 2 full and 1 half bathrooms.
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This home is located at 8737 W Hwy 71 in Austin, TX and zip code 78736. This home sits on a 24.91 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $4,850,000.
Austin, TX housing market in November 2024 saw over 59 listings sold above listed price, more than 96 sold at listed price and over 446 sold below. The number of homes for sale in Austin, TX decreased by 1.1% between October 2024 and November 2024. In November 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $567,441.
From Rocket Homes Real Estate and based on county public records data.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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